Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6539
    +0.0016 (+0.25%)
     
  • OIL

    83.92
    +0.35 (+0.42%)
     
  • GOLD

    2,360.50
    +18.00 (+0.77%)
     
  • Bitcoin AUD

    98,554.08
    +732.16 (+0.75%)
     
  • CMC Crypto 200

    1,392.22
    -4.31 (-0.31%)
     
  • AUD/EUR

    0.6089
    +0.0016 (+0.26%)
     
  • AUD/NZD

    1.0977
    +0.0019 (+0.17%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,117.13
    +38.27 (+0.47%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    18,053.58
    +136.30 (+0.76%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

These 3 Cash Generating Machines Will Help You Sleep at Night

These 3 Cash Generating Machines Will Help You Sleep at Night

Companies with competitive advantages and strong cash flows can deliver market-beating returns over the long run, and are also well-positioned to capitalize during market downturns. Mastercard (NYSE: MA) operates the world's second-largest payments network, helping customers move money globally through its credit and debit cards and other payment products. Mastercard's payment network gives the company a major competitive advantage because of the network effect, meaning as the network grows, it's harder for competitors to come in and take away business.